A Metaverse Stock Screener Using Opening Gaps and Relative Volume

Summary

This stock selection approach filters Chinese A shares associated with the metaverse theme. It selects stocks whose opening price is less than 6% above the previous close and whose trading volume is above its five-day average but below ten times that average. The document describes relative volume as a way to find increased activity while avoiding extremely high volume, which it associates with short-term volatility. It also shows how the conditions could be represented in a stock screener and implemented using historical daily data.

The article gives no backtest, return data, or evidence that the filters predict future gains. It flags that the narrow criteria may produce too few candidates and that the opening-gap cap can exclude stocks that later present opportunities. Its initial discussion uses a tighter relative-volume range than the final rule, so the proposed thresholds are not consistent throughout. It suggests combining the screen with other technical or fundamental measures, but does not specify or test those additions.

Key ideas

• The screen targets metaverse-related Chinese stocks with an opening gap below 6%.
• The final rule requires volume to exceed its five-day average but remain below ten times that average.
• The article warns that tight filters may leave too few eligible stocks.
• No backtest or evidence of predictive performance is provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.